Red Electrica de España : The rating agency Standard & Poor’s has issued a new report maintaining the company’s rating level and its Outlook.
June 06, 2018 at 02:23 am EDT
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SPANISH SECURITIES MARKET COMMISSION
Área de Mercados
Edison, 4
28046 MADRID
Madrid, 06 June, 2018
Dear Sir,
Pursuant to the provisions of Article 228 of the restated text of the Securities Market Law approved by the Royal Legislative Decree 4/2015, of 23 October, please note the following RELEVANT EVENT regarding Red Eléctrica Corporación, S.A:
On 05 June 2018, the rating agency Standard & Poor's has issued a new report maintaining the company's rating level and its outlook.
Red Eléctrica Corporación, S.A. and its subsidiary Red Eléctrica de España, S.A.U. maintain their long term ratings of 'A-' and short term ratings of 'A-2' with a stable outlook.
Red Eléctrica Corporación SA published this content on 06 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 June 2018 06:22:01 UTC
Redeia Corporacion S.A. (formerly Red Eléctrica Corporación, S.A.) specializes in electricity transmission services and operation of electric networks. Net sales (including intragroup) by activity break down as follows:
- management and operation of electrical networks (82.7%): owning, at the end of 2022, of a network of 45,019 km of high-voltage lines and over 600 substations. The group also offers consulting, engineering, construction and maintenance services. Spain accounts for 95.8% of net sales;
- management and operation of satellite telecommunications networks (11.2%);
- management and operation of fiber optic telecoms networks (4.8%);
- other (1.3%).
Net sales are distributed geographically as follows: Spain (88.9%), Europe (1.6%) and other (9.5%).
REDEIA CORPORACION S.A. 
